Monday, 30 November 2015

Indian Benchmark News Update


INDIAN BENCHMARKS: SENSEX ENDS 17 POINTS HIGHER,NIFTY SPOT BELOW 7950

The domestic stock market gyrated wildly in a range of 140 points in Monday's trade before closing slightly higher from Friday's close a day ahead of the fifth bimonthly money policy review by the Reserve Bank of India (RBI) and hours before the release of September quarter GDP growth numbers.
Muted trends seen in European and other Asian markets weighed on investor sentiments and made the 30-stock Sensex pare much of the gains to end the day at 26,145, up 17 points or 0.07 per cent. Infosys and Tata Motors were the top gainers on the BSE benchmark. The 50-stock Nifty Trading Tips50 closed at 7,935, down 7 points, or 0.09 per cent.

HEADLINES OF THE DAY

  • GDP growth is expected to be at 7.3% vs 7.0% QoQ
  • Reliance Infrastructure plans assets sale to be debt free
  • IDBI Bank rises on reports of stake sale to IFC
  • Eicher Motors’ subsidiary launches two new vehicles

The crucial resistance for Nifty SPOT is now seen at 8003 and above this 8040. Support for the immediate term is now placed at 7877 and next support will be 7812.


Related Posts:

  • Performance Of The Day CAPITALSTARS PERFORMANCE MESSAGE: STOCK FUTURES: FUTURES INTRADAY: IOC FUTURES  BUY  CALL 3 TGT RELIANCE CAPITAL BUYCALL 1 TGT                         … Read More
  • INDIAN BENCHMARKS-NEWS UPDATES INDIAN BENCHMARKS The Indian equity benchmarks may open marginally in the red on Friday amidst weakness in fellow Asian equities as a worsening slowdown in China sours the appetite for risky assets.  SGX  … Read More
  • OPENING BELL CAPITALSTARS OPENING BELL: NIFTY SPOT UP 17@7902 SENSEX UP 57@26017 BANK NIFTY FUTURES UP 11@17155 HAPPY TRADING WWW.CAPITALSTARS.COM +917316790000 CAPITALSTARS NIFTY FUTURES (DEC) OVERVIEW TREND MIXED TO BULLISH RES2:7… Read More
  • Corporate News Update CORPORATE NEWSUPDATES SKS Microfinance slashes interest rate by 1% Leading microfinance firm, SKS Microfinance has said that it has gone for 1% reduction in the interest rate charged to borrowers from 20.75% to 19.7… Read More
  • Indian Benchmark News Update INDIAN BENCHMARKS: SENSEX ENDS 169 POINTS HIGHER ON GST HOPES, NIFTY NEAR 7950 The domestic equity market traded with smart gains on Friday bucking the weak trend seen in other Asian and European markets. The possib… Read More

0 comments:

Post a Comment

Blog Archive

Powered by Blogger.